Articles

Laterals remain prized law firm commodity, but offices also tapping new attorneys

Six intellectual property attorneys walked out of one law firm, boarded the elevator in their downtown Indianapolis office building and pushed the button for a competing law firm on the 19th floor. Thus, Frost Brown Todd last month bolstered its Indianapolis IP practice group by luring the entire intellectual property team from SmithAmundsen’s Indiana office. The move underscored what law firms say is a competitive job market where experienced lawyers are the hottest commodity.

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Report: Law firms fail at collecting client satisfaction feedback

According to a new report, only 4 percent of nearly 2,000 lawyers surveyed regularly collect formal client feedback in the form of surveys, interviews, etc., to measure client satisfaction. The dearth of law firm client satisfaction data complicates business development and referral prospects.

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J. Lee McNeely recognized as Legendary Lawyer for distinguished career

A small-town attorney with a folksy manner and sly wit, J. Lee McNeely never wanted to be anywhere other than his hometown of Shelbyville. The Indiana Bar Foundation named him the 2018 Legendary Lawyer in recognition of his public service, community service and contributions to the legal profession during more than 50 years of practice.

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Hoosier law firms promoting women leadership before, after #MeToo

Across Indianapolis, women were being tapped to lead their law firms before the #MeToo movement, either as practice group chairs, committee leaders, managing partners or a combination. But the movement has sparked additional conversations in their law firms, giving credence to gender equality efforts that were already in place.

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Plaintiffs firm Cohen & Malad celebrates half century

In 50 years of practice, the law firm that is now Cohen & Malad LLP has evolved from a small general practice, taking whatever legal problem walked in the door, to a 20-plus attorney operation that serves a wide range of cases from family law to bankruptcy to class actions.

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Working hard or hardly working: Survey says half of partners not busy

It’s frustrating for any high-performing employee: You’re glued to your computer, fingers furiously flying across the keyboard to finish your report, brief or project. Then you look over and see a co-worker chatting with a friend, playing on their phone or scrolling through their Facebook feed, seemingly without a care or a deadline to meet.

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As mergers surge, Indiana law firms not finding suitors

The legal industry continued two trends in the first quarter of 2018 — the white-hot pace of law firm combinations is getting hotter, and none of the acquisitions involved a firm either based in Indiana or with an office in the Hoosier state.

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Med-mal, PI firm reorganizes, ready for next 38 years

After almost 38 years in business, Montross Miller Muller Mendelson & Kennedy has undergone a significant reorganization. Two founding partners, John Muller and Tilden Mendelson, retired in 2017, and all four associates — Nathan Miller, Belinda Kunczt, Brad Kallmyer and Kerri Farmer — have been made partners.

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Emerging smart contracts offer possibilities and risks

Though the idea of smart contracts was first proposed by computer scientist Nick Szabo almost 25 years ago, only recently has true potential of the format begun to be realized. Smart contracts soon may change the way many lawyers practice.

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Pass-through tax break passes over attorneys

The sweeping changes that came with the overhaul of the federal tax system included a deduction for pass-through businesses, but attorneys and other professional service providers were brushed aside and likely will not be able to reap that tax break.

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Study: Many law firms unprepared for future challenges

Are law firms simply fighting the last war? Are they preparing for the future, or are they stuck in the past? Those questions are at the center of a report released Thursday that focues on stagnating demand growth, declines in productivity and a rise in expenses.

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